Resurfacing an April 2025 update: Ather Energy IPO reached 28% subscription on Day 2; retail quota fully subscribed
Resurfacing a months-old milestone: Ather Energy’s IPO was subscribed 28% overall by the second day of bidding on April 29, 2025. The retail investor portion was fully subscribed, signalling stronger early demand from individual investors than from the overall book.
Ather Energy’s IPO was subscribed 28% by the second day of bidding, while the retail investor portion was fully subscribed.
Why this matters
The Day 2 milestone follows a prior signal that Ather Energy’s retail IPO portion reached 63% subscription on Day 1, highlighting stronger early individual-investor demand than overall bookbuilding.
Retail-company signals are accelerating, up 566200% QoQ.